On nifty hourly chart, we have observed M pattern. Long term trend is also downward. If, Nifty breaks 18000 at any point of time, we will see downfall up to 600-700 points from this level.
Nifty will be short after it breaks 18000 level at daily closing basis.
Note : I am not SEBI Registered Investor. This article is only for the purpose of learning.
Nifty will be short after it breaks 18000 level at daily closing basis.
Note : I am not SEBI Registered Investor. This article is only for the purpose of learning.